MiningCo. stock soars

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Internet Web guides site stock closed at $47.50 after its first day of trading in its initial public offering. The stock, which was priced at $25 per share, opened at $53 and hit a high of $62.25 before dropping. Underwriters Bear, Stearns & Co., Volpe Brown Whelan & Co. and Wit Capital Corp. managed the public offering.

Copyright March 1999, Crain Communications Inc.

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